Gambling Companies

Gambling Companies, Gambling Stocks

PartyGaming Sees 4th Quarter Results Sluggish

(Reuters) - Online gaming firm PartyGaming (PRTY.L) said on Friday it expects full-year earnings to beat forecasts even as the strong dollar impacted fourth quarter revenue, which fell 18 percent a

Submitted by Guest on, Feb/06/2009

Bad Beat Poker Jackpots Winning Big in Bad Economy

It turns out that in online poker winning really isn't everything.

Submitted by Jagajeet Chiba on, Feb/05/2009

888 Holdings 4th Quarter Figures Bad, January Good

The online poker craze appears to be going off the boil judging by 888 Holdings's fourth quarter figures, though the online gaming firm said its full-year 2008 earnings should meet

Submitted by Jagajeet Chiba on, Feb/05/2009

Full Tilt Poker Places Itself in Compromising Position

Clonie Gowen filed an amended complaint against Full Tilt Poker, the world's second largest online poker room, its related companies, CEO Raymond Bitar and 13 big name poker players who are part of

Submitted by C Costigan on, Feb/05/2009

Cake Poker Network Sweet Success for Doyle’s Room

Having finally made the transition to the popular Cake Poker Network last week, representatives from Doylesroom.com acknowledg

Submitted by C Costigan on, Feb/03/2009

BetFair Head: Another 5 Years for Legalized Online Gambling in U.S.

In an interview with realbusiness.co.uk, BetFair co-founder Edward Wray said he believed the United States would not legalize online gambling for at lea

Submitted by C Costigan on, Feb/03/2009

Super Bowl Gambling Often an Introduction to Online Websites

Sportsbook.com and BetUS.com appear to be reaping the rewards of a mainstream press fixation with Super Bowl gambling.  Both websites offer creative bet options and the necessary means for publici

Submitted by C Costigan on, Jan/31/2009

Cake Poker Welcomes Doyles Room On Board

Gambling911.com has published the DoylesRoom announcement, now let's get a perspective from the Cake Poker Network, which is among the fastest growing of the poker networks out there - already powe

Submitted by Guest on, Jan/27/2009

Doyles Room Poker Joins the Cake Network Today

DoylesRoom.com today announced the worldwide launch of their online poker room on the Cake Poker Network.

Submitted by Guest on, Jan/27/2009

Playboy Problems Not Stopping With Online Poker Room

The closure of Playboy's online poker room last week appears to be just the tip of the iceberg.

The famed company warned investors that it will take a write-down of goodwill and other charges amounting to more than $100 million, resulting in a net loss for Q4. The magazine publisher also expects a $4 million charge on cost-reduction initiatives, which will include an unspecified number of job cuts.  The company will also fold its New York office according to reports.

"Who knew sex was a bad business to be in?" asks Belinda Luscombe of Time Magazine.

Submitted by Jagajeet Chiba on, Jan/25/2009

Academy Awards of Online Gambling (2009)

Gambling911.com's International Senior Correspondent and vertical chrome pole dance expert reveals her choices for the 2009 Academy Awards of Online Gambling.

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Hey, the nominations were released on Thursday for each category in the 2009 Academy Awards.   A full slate of Oscar betting odds were now available at SBG Global - home of the massive cash bonuses. 

Submitted by Jenny Woo on, Jan/25/2009

Bodog Poker Falls to 19th Spot for Real Cash Players

Bodog Poker's luck continues to wane.  A check of Saturday morning's real cash poker activity showed that the once prominent online gambling firm was 19

Submitted by Ace King on, Jan/24/2009

Porn Poker Room: Latest Casualty of Struggling Economy

Apparently, porn can be sustained, but poker can not.

Submitted by Thomas Somach on, Jan/24/2009

PartyGaming Loses It’s Managing Director

In a blow to the struggling online poker firm, PartyGaming Managing Director, John O'Malia, has quit the job after only 8 months in the position.

Submitted by C Costigan on, Jan/22/2009

Tropicana, Trump in Trouble

If there was any doubt the recession was hurting casinos, Tuesday's news should put those questions to rest.

Submitted by Jagajeet Chiba on, Jan/21/2009

No Luck With Gambling Stocks

It's the Las Vegas gambling stocks that are the real losers these days, not the actual gamblers.

Submitted by Jagajeet Chiba on, Jan/20/2009

BetFred Sold: Done Brothers Done With Online Gambling

Fred and Peter Done are done with online gambling it seems as they have sold their online gambling operation, BetFred, netting some £27.2m from the sale.

The Internet gaming division Betfred NV, registered in the Netherlands Antilles, had been underperforming for a number of years after a belated entry to the market, and the company said the disposal made "commercial sense", reports James Chapelard of Crane's Business (Manchester Division).

Submitted by Jagajeet Chiba on, Jan/18/2009

William Hill: Trading Continues to be Resilient

(Reuters) - British bookmaker William Hill (WMH.L) said it remained in discussions with its banks over plans to refinance its

Submitted by Guest on, Jan/16/2009

DoylesRoom Poker Wants Cake: Full Tilt Wants Sportsbook

One of the world's most popular online poker rooms, Doylesroom.com, plans to debut an Internet casino along with its popular card room as the g

Submitted by C Costigan on, Jan/15/2009

Playboy Casino and Poker Room Shuts Down

In a sign of the troubling economic times, the Playboy Casino and Poker site has shut its doors.

Submitted by Jagajeet Chiba on, Jan/14/2009

Online Gambling Software Company, Associates Sued

Gordon Levine, a lawyer at the Kugler Kandestin law firm in Montreal has confirmed that he represents T2 Marketing Inc. in a lawsuit against a company identified as 6300511 Canada Inc., and four Canadian citizens who are named in documents filed in Quebec Superior Court action 500-17-046150-085, according to a report appearing on the website Recent Poker.

Each of the defendants are being sued for the amount of Cdn$464 007.21.

Submitted by C Costigan on, Jan/13/2009

Is Bodog Finally Starting to Get its Act Together?

Two month long payout delays, IRS threats about confiscating funds and a retired founder, Calvin Ayre, without a country - all things that have become synonymous with Bodog in recent times.  The o

Submitted by C Costigan on, Jan/12/2009

PokerStars Sets Record For Single Tournament Entries

The results are in. PokerStars - them world's largest online poker site has shattered the Guinness World Record for the Largest Online Poker Tournament. As part of PokerStars' 'World Record Week', 35,000 poker players - enough to fill a professional football stadium - took part in the special $11 buy-in tournament on Sunday, December 28, 2008, with PokerStars guaranteeing a $500,000 prize pool. PokerStars had set the previous record with a field of 20,000 players in the Sunday Hundred Grand on July 29, 2007.

Submitted by Guest on, Jan/07/2009

IRS Goes After Bodog

The U.S. Internal Revenue Service has filed court documents describing how Bodog used a string of companies in Malta to circumvent U.S.

Submitted by C Costigan on, Jan/07/2009

Bodog Poker Loses Largest Market Share in 2008

According to PokerSiteScout.com Bodog Poker was the biggest loser of 2008.  That online poker room lost 34 perc

Submitted by C Costigan on, Jan/05/2009

GigaMedia is the Online Gambling Stock to Watch

The Motley Fool has revealed three stocks to watch for 2009 and one of them is Asian online gambling firm GigaMedia.

Submitted by Jagajeet Chiba on, Jan/05/2009

PartyGaming Sues Former Owner of Empire Online

Jan. 5 (Bloomberg) -- PartyGaming Plc, the owner of the PartyPoker.com brand, sued investment company Livermore Investments Group Ltd.

Submitted by Guest on, Jan/05/2009

America’s Biggest Billionaire Loser is Casino Boss

Last week, Gambling911.com reported on how Forbes Magazine listed India born PartyGaming co-founder, Anurag Dikshit among the biggest billionaire blowups in 2008 (they valued his net worth at a mer

Submitted by Jagajeet Chiba on, Jan/05/2009

CardSpike Poker Affiliates Want Answers From CAP

Online poker affiliates claim a relatively new room has been stiffing them.  That room is CardSpike.com, launched last this past summer.  A number of its affiliates and some industry observers ha

Submitted by C Costigan on, Jan/01/2009

PartyGaming is a Scary One-Eyed Monster With Little Bite

PartyGaming, once the world's largest online poker firm with more than half the market and a darling of the London Stock Exchange, has gone into free fall in recent years.  Amazingly, despite losi

Submitted by C Costigan on, Dec/29/2008

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